Vatican Bank and London Money Laundering Allegations:
The Vatican Bank, officially known as the Institute for the Works of Religion (IOR), has faced repeated allegations of money laundering, particularly in connection with London-based financial activities. In 2013, Italian authorities investigated the IOR over its role in the collapse of Banco Ambrosiano, a major Italian bank linked to the Mafia. The bank’s chairman, Roberto Calvi, was found dead under London’s Blackfriars Bridge in 1982, widely believed to be a murder tied to his involvement in illicit financial schemes.
More recently, in 2021, Cecilia Marogna, a self-styled consultant linked to disgraced Cardinal Angelo Becciu, was accused of embezzling over €500,000 from the Vatican—funds meant for diplomatic efforts but allegedly spent on luxury goods. This case, along with a failed £200 million London real estate investment, prompted a criminal trial and drew scrutiny from the National Crime Agency (NCA) and international watchdogs.
In 2024, the European anti-money-laundering body Moneyval reported a 30% drop in suspicious activity at the Vatican’s financial institutions, citing reforms initiated under Pope Francis. These included the appointment of external auditors, stricter oversight, and the creation of a lay criminal court to prosecute high-ranking clerics.
Despite these improvements, allegations persist. In 2025, claims emerged that the Vatican may have used financial tools to bypass anti-money-laundering rules, though the Vatican denies these. The NCA, while not publicly named in the investigations, operates in coordination with European agencies like Moneyval, which continue to monitor the Vatican’s compliance.
Key developments:
Pope Francis pushed for systemic reform, centralizing funds through the IOR and ending the Secretariat of State’s direct investment powers.
The IOR now releases annual reports and is subject to external audits.
Cardinal Angelo Becciu was convicted in 2023 for embezzlement related to the London property deal.
The Vatican has cooperated with the NCA and EU watchdogs, though some critics argue reforms remain incomplete.
The Vatican’s financial transparency has improved significantly since the 1980s, but the legacy of past scandals—especially those tied to London—remains a focus of international scrutiny.
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The Vatican Bank, officially known as the Institute for the Works of Religion (IOR), has faced repeated allegations of money laundering, particularly in connection with London-based financial activities. In 2013, Italian authorities investigated the IOR over its role in the collapse of Banco Ambrosiano, a major Italian bank linked to the Mafia. The bank’s chairman, Roberto Calvi, was found dead under London’s Blackfriars Bridge in 1982, widely believed to be a murder tied to his involvement in illicit financial schemes.
More recently, in 2021, Cecilia Marogna, a self-styled consultant linked to disgraced Cardinal Angelo Becciu, was accused of embezzling over €500,000 from the Vatican—funds meant for diplomatic efforts but allegedly spent on luxury goods. This case, along with a failed £200 million London real estate investment, prompted a criminal trial and drew scrutiny from the National Crime Agency (NCA) and international watchdogs.
In 2024, the European anti-money-laundering body Moneyval reported a 30% drop in suspicious activity at the Vatican’s financial institutions, citing reforms initiated under Pope Francis. These included the appointment of external auditors, stricter oversight, and the creation of a lay criminal court to prosecute high-ranking clerics.
Despite these improvements, allegations persist. In 2025, claims emerged that the Vatican may have used financial tools to bypass anti-money-laundering rules, though the Vatican denies these. The NCA, while not publicly named in the investigations, operates in coordination with European agencies like Moneyval, which continue to monitor the Vatican’s compliance.
Key developments:
Pope Francis pushed for systemic reform, centralizing funds through the IOR and ending the Secretariat of State’s direct investment powers.
The IOR now releases annual reports and is subject to external audits.
Cardinal Angelo Becciu was convicted in 2023 for embezzlement related to the London property deal.
The Vatican has cooperated with the NCA and EU watchdogs, though some critics argue reforms remain incomplete.
The Vatican’s financial transparency has improved significantly since the 1980s, but the legacy of past scandals—especially those tied to London—remains a focus of international scrutiny.
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Banco Ambrosiano
CRACK ONE (live cracking)
Banco Am Bro's. ;)
I an O (circle = Ra )
9 1 14 15 #911truth
41 (reverse = 14 words #NAZI)
47
7777 (or 1111) thus
= 1717 #freemasonry
1+7 = 8 thus 17 17 = 88 Heil Hitler ;)
1+5 = 6 flip 9 = i = Eye ;)
CRACK TWO
Banco Am Bro's (Am Brotherhood)
i a n o
9 1 14 15
97 29
777777777 99
777777777 18
FINAL OUTPUT =
Banco Am Brotherhood 777777777 AH {Hiram, Abiff}
~Freemasonry
https://en.wikipedia.org/wiki/Banco_Ambrosiano
CRACK ONE (live cracking)
Banco Am Bro's. ;)
I an O (circle = Ra )
9 1 14 15 #911truth
41 (reverse = 14 words #NAZI)
47
7777 (or 1111) thus
= 1717 #freemasonry
1+7 = 8 thus 17 17 = 88 Heil Hitler ;)
1+5 = 6 flip 9 = i = Eye ;)
CRACK TWO
Banco Am Bro's (Am Brotherhood)
i a n o
9 1 14 15
97 29
777777777 99
777777777 18
FINAL OUTPUT =
Banco Am Brotherhood 777777777 AH {Hiram, Abiff}
~Freemasonry
https://en.wikipedia.org/wiki/Banco_Ambrosiano